Oil prices ended lower on Wednesday after official data showed U.S. crude stockpiles rose more than expected last week. The West Texas Intermediate for July delivery lost 0.79 U.S. dollar to settle at 64.73 dollars a barrel on the New York

The Guangzhou Cruise Development Roundtable saw key Chinese cruise market stakeholders come together to discuss the importance of developing the south China market, contributing ideas to develop the cruise industry in Guangzhou. South China

Chinas top oil and gas company CNPC is considering taking over Totals stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said. Total signed the $1 billion deal to d

Taiwans Maritime and Port Bureau has banned 267 vessels from entering its territorial waters and ports from June 5, in accordance with the UN North Korea sanctions resolution, according to a port circular issued Tuesday. These sanctions are

1.Chinese companies are expected to invest up to $10 billion in Peru in sectors including energy and mines, telecommunications, construction and financing over the next three years, an official said. 2.The cooperation between China and Ka

Chinas spot iron ore prices at ports remain firm. Traders show some desire to boost sales in the light of slim transaction. Steel mills tend to wait and see owing to large fluctuation of iron ore prices recently and are inclined to digest i

Elite Cruises could start service from Qingdao, China, by the end of this year, adding another player to a dynamic Chinese cruise market. The Singapore-registered company has signed a cooperation deal with Wuchang Shipbuilding Industry Grou

Shippers of imports, exports and transshipment cargo are now required to submit various data to China Customs 24 hours in advance of loading or risk missing the intended sailing under new manifest submission rules. Announcement No 56 of the

Hong Kongs Oriental Overseas Container Line racked up a first on 31 May when it became the first marine carrier to take the Gold Award at the 2017 BOCHK Corporate Environmental Leadership Awards. OOCL received the award at a ceremony held a

Launch of Smart Port Challenge 2018 To Catalyse Greater Innovation and Digitalisation In The Maritime Industry PIER71[1] Port Innovation Ecosystem Reimagined @ Block71 was officially launched today by Dr Lam Pin Min, Senior Minister of Stat

Philippine independent oil company Phoenix Petroleum signed a memorandum of understanding with Chinas CNOOC on liquefied natural gas (LNG) developments in the Philippines. Under the agreement, Phoenix Petroleum signed with CNOOC Gas and Pow

Chinas Dalian iron ore futures edged up on June 5, lifted by market concern about tight supplies after a report that Tangshan city plans to shut hundreds of mining companies, although prices remain under pressure from mounting stockpiles at

Xiamen port authority is launching a series of moves to improve Xiamens port competitiveness. The moves come off following the news that Xiamen port handled more than 10 million customers in 2017 for the first time, ranking 14th in the worl

Global, sector-focused law firm HFW has accompanied the UKs Minister for Shipping, Nusrat Ghani MP, on an official visit to China. Ms Ghani, Parliamentary Under Secretary of State for Transport and Assistant Government Whip, visited the Sha

Chinas spot iron ore prices at ports remain firm as traders tend to wait and see, deeming spot market is largely influenced by futures market. Steel mills saw inquiries for MNP fines but with low buying interest. Spot price for 61.5%-Fe PB